1 EXHIBIT 11.1 COMPUTATION OF PER SHARE EARNINGS For the following periods the registrant had no securities that were dilutive for the calculation of earnings per share. Weighted average number of Summary from unaudited Basic and diluted loss basic and diluted common financial statements per common share stock shares outstanding - ---------------------- ---------------------- ------------------------------ Six months ended 11/30/2000 (0.08) 12,428,043 Six months ended 11/30/1999 (0.06) 10,145,153